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Goldman Sachs Bailout

Lead SEC-Goldman Counsel Richard Simpson Is 'Relentless'

Diane Tucker | Posted 05.25.2011 | Business
Diane Tucker

"Richard Simpson is a relentless litigator who brought the Antar clan to its knees," Sam E. Antar told me on the phone today. Sam is the cousin of Cr...

Goldman: Not So Smart, But Well-Connected

Alan Fein | Posted 05.25.2011 | Business
Alan Fein

What happens if you or I fail to underwrite our underwriters? What if we buy flood insurance from a company that's overcommitted when the flood comes? Too bad for us. Not so bad for Goldman.

Coloradans Challenging Wall Street on Main Street This Week

T.A. Taylor-Hunt | Posted 05.25.2011 | Denver
T.A. Taylor-Hunt

The sidewalk outside the Wells Fargo Bank office at 17th & Broadway in Denver will host two Main Street actions in support of strong financial reform legislation in the U.S. Senate.

Goldman Scapegoat

Dennis O'Brien | Posted 05.25.2011 | Business
Dennis O'Brien

Are we really to believe that Goldman is the worst offender? Or are they a convenient scapegoat? Politically, nothing could be a safer bet than attacking Goldman.

Russia Today: Big Banks Making 'Toilet Paper' Deals (VIDEO)

Max Keiser | Posted 05.25.2011 | Media
Max Keiser


Too Big To Lose

Daniel Lubetzky | Posted 05.25.2011 | Business
Daniel Lubetzky

Big firms wield so much influence that they can manipulate the outcome of their trades.

Matt Osborne | Posted 05.25.2011 | Politics
Matt Osborne


Goldman Sachs Doing "God's Work"?

Charles Gasparino | Posted 05.25.2011 | Business
Charles Gasparino

The only thing worse than Goldman Sachs amassing billions in bonus money for its executives, based on various government subsidies and bailout measures, is listening to it try to explain it all away.

Goldman Sachs Skirts Slashes in Compensation

Allison Kilkenny | Posted 05.25.2011 | Politics
Allison Kilkenny

The Times shows its agenda when it refers to the not-yet-existing AIG bonuses slashes as "the humbling downfall of the once-proud giants" while all those pesky citizens won't stop with the "populist animosity."

Goldman Sachs Nearly Bankrupted AIG

Janet Tavakoli | Posted 05.25.2011 | Business
Janet Tavakoli

Goldman Sachs wasn't the only contributor to the systemic risk that nearly toppled the global financial markets, but it was the key contributor to the systemic risk posed by AIG.

Bailed-Out Bankers Stand To Make Millions In Options

Reuters | Posted 05.25.2011 | Business

NEW YORK (Reuters) - As shares of bailed-out banks bottomed out earlier this year, stock options were awarded to their top executives, setting them up...

Goldman Sachs Redeems TARP Warrants, Taxpayers Make 23%

Bloomberg | Christine Harper | Posted 05.25.2011 | Business

NEW YORK, Jul 22, 2009 (BUSINESS WIRE) -- The Goldman Sachs Group, Inc. (NYSE: GS) announced today that it has redeemed the warrants the U.S. governme...

Goldman Sachs Execs On Track For Record Pay

AP | Stephen Bernard, AP Business Writer | Posted 05.25.2011 | Business

NEW YORK (AP) -- Goldman Sachs is emerging as the king of post-meltdown Wall Street. Already the most powerful U.S. financial company before the cr...

Goldman Execs Sold $700M Of Stock, Most Of It During Their Bailout

Financial Times | Posted 05.25.2011 | Business

Executives at Goldman Sachs sold almost $700m worth of stock following the collapse of Lehman Brothers last September, according to filings with the S...

The GS-Files 4: Always a Winner

Nathan Lewis | Posted 05.25.2011 | Business
Nathan Lewis

Goldman has been making its money somewhat like a hedge fund: by buying and selling securities in the secondary market for profit. Why this activity should be government subsidized, I don't know.

Goldman Bond Sale Questioned

Financial Times | Saskia Scholtes and Francesco Guerrera | Posted 05.25.2011 | Business

Goldman Sachs, one of the 19 banks given preliminary results of the US government's stress tests on Friday, on Wednesday sold $2bn of bonds without a ...

Goldman Sachs Could Return Government Aid Within A Month

New York Times | ANDREW ROSS SORKIN | Posted 05.25.2011 | Business

Any good news these days -- not that there is much -- seems to come with an asterisk. The market is popping, but, as some bears ask, is it just a setu...

Banks Getting Bailout Billions Still Paying Out Bonuses | Posted 05.25.2011 | Business

Banks that were rescued with billions of dollars in public funds have, in most cases, refused to provide specifics about how they have used or intend ...